Falcon Gold (CVE:FG) Trading Down 12.5% – What’s Next?

Falcon Gold Corp. (CVE:FGGet Free Report)’s stock price dropped 12.5% on Saturday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 170,014 shares traded hands during trading, an increase of 13% from the average daily volume of 150,363 shares. The stock had previously closed at C$0.04.

Falcon Gold Price Performance

The company’s 50 day moving average is C$0.03 and its 200 day moving average is C$0.03. The stock has a market cap of C$6.21 million, a price-to-earnings ratio of -2.98 and a beta of 0.61.

Falcon Gold Company Profile

(Get Free Report)

Falcon Gold Corp. generates, acquires, and explores mineral properties in the Americas. It explores for gold, silver, copper, and base metal deposits, as well as diamonds. Its flagship project is the Central Canada Gold Mine located approximately 20km southeast of Agnico Eagle’s Hammond Reef Gold Deposit.

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